Don't miss this rare and unique opportunity to create your dream on close to 3 wooded acres in the heart of Cape Neddick.This elevated estate features an artfully composed main residence plus two auxiliary buildings - a gallery/carriage house (approximately 1200 sq'), and a design center/retail shop (approximately 980 sq'), as well as a shed and detached garage. The beautifully wooded property is anchored by an 1850's farmhouse featuring 6 bedrooms and 6 baths (5 en suite), multiple sun rooms, decks, sitting rooms, surrounded by lush landscaping, all on the Cape Neddick River. Updated historical charm abounds with coffered ceilings, crown moldings, custom finishes, 2 fireplaces, and much more. With dual entrances from Route 1 and meandering River Road, the property is zoned residential/commercial, providing an opportunity to create a true compound to safely enjoy your circle of family and friends, with or without a commercial component. The main residence was formerly an exclusive and coveted bed and breakfast, and is currently being used as the owners' residence and a premium interior design showroom, but could easily be converted back to a B and B. Creative minds might develop a whole new business model - perhaps a small restaurant/cafe or exclusive catering venue? As an added bonus, the gallery/carriage house building and the back portion of the property have been approved for subdivision, and a preliminary septic plan is available. One thing is clear - abundant opportunity awaits at this iconic property, overflowing with traditional elegance, warmth, and comfort. All of this within one mile of the Atlantic, and close to the iconic Nubble Lighthouse, restaurants, golf, shopping, and entertainment; 45 minutes to Portland and just over an hour to Boston.